SWK (NASDAQ:SWKH) Trading 0.8% Higher

Shares of SWK Holdings Co. (NASDAQ:SWKH) were up 0.8% during trading on Monday . The stock traded as high as $17.25 and last traded at $17.22. Approximately 7,911 shares changed hands during trading, a decline of 26% from the average daily volume of 10,620 shares. The stock had previously closed at $17.08.

SWK Stock Up 1.7 %

The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.15. The company has a market cap of $216.57 million, a P/E ratio of 13.55 and a beta of 0.32. The firm has a fifty day moving average price of $16.88 and a 200 day moving average price of $16.77.

SWK (NASDAQ:SWKH) last issued its quarterly earnings results on Thursday, March 21st. The company reported $0.23 earnings per share (EPS) for the quarter. SWK had a return on equity of 6.67% and a net margin of 42.07%. The business had revenue of $9.89 million for the quarter.

Hedge Funds Weigh In On SWK

Several large investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its stake in shares of SWK by 9.0% during the third quarter. Royal Bank of Canada now owns 8,743 shares of the company’s stock valued at $149,000 after acquiring an additional 723 shares during the period. SkyView Investment Advisors LLC lifted its stake in SWK by 3.0% in the third quarter. SkyView Investment Advisors LLC now owns 26,347 shares of the company’s stock valued at $415,000 after buying an additional 763 shares during the period. Northern Trust Corp lifted its stake in SWK by 2.7% in the second quarter. Northern Trust Corp now owns 29,314 shares of the company’s stock valued at $491,000 after buying an additional 779 shares during the period. Renaissance Technologies LLC lifted its stake in SWK by 6.9% in the third quarter. Renaissance Technologies LLC now owns 13,900 shares of the company’s stock valued at $236,000 after buying an additional 900 shares during the period. Finally, UBS Group AG lifted its stake in SWK by 127.9% in the fourth quarter. UBS Group AG now owns 1,627 shares of the company’s stock valued at $29,000 after buying an additional 913 shares during the period. Institutional investors and hedge funds own 99.27% of the company’s stock.

SWK Company Profile

SWK Holdings Corporation, offers specialty finance and asset management services in the United States. It operates in two segments, Finance Receivables and Pharmaceutical Development. The Finance Receivables segment provides customized financing solutions to a range of life science companies, including companies in the biotechnology, medical device, medical diagnostics and related tools, animal health, and pharmaceutical industries, as well as institutions and inventors.